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ខ្មែរ Projects Development
Singapore Invests USD 400m in Cambodia Over Five Years
- 21 August 2024
Over the past five years, Singapore has emerged as one of the top 10 sources of foreign direct investment (FDI) in Cambodia, with a total investment of USD 400 million, according to the Council for the Development of Cambodia (CDC). This significant influx of capital was highlighted at the Singapore Business Fair 2024, underscoring Singapore’s pivotal role in Cambodia's economic development. ...
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Chinese Firm Explores Investment in Cambodian Fresh Fruit Processing Plant
- 14 August 2024
DOMI Biotechnology Co., Ltd. from China is exploring the possibility of establishing a fresh fruit processing plant in Cambodia, with a focus on durians and coconuts. This development follows a high-level meeting on 12 August 2024 between HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, and Mr. Wan Yanhu, President of DOMI Biotechnology Co., Ltd. The company, which curren...
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Chery Holding Group Eyes Investment in Cambodia’s Automobile & Auto Parts Industry
- 13 August 2024
Chery Holding Group, a leading Chinese conglomerate, has expressed a strong interest in investing in Cambodia’s burgeoning automobile and auto parts industry, with ambitions to serve domestic, regional, and international markets. This potential investment was highlighted during a meeting between Xu Hui, Deputy General Manager of Chery Holding Group Co., Ltd, and Cambodian Prime Minister Hun Man...
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AEON Mall Vietnam to Invest Over US$167m in Landmark Thanh Hoa Shopping Centre
- 11 August 2024
AEON Mall Vietnam has secured approval from Thanh Hoa provincial authorities to invest over US$167 million in a large shopping centre spanning 10.5 hectares, set to become the largest commercial hub in the northern region of Vietnam. This significant investment, reported by VNEXPRESS on 4 August 2024, underscores AEON Mall's commitment to expanding its footprint in Vietnam's retail landscape. T...
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19 Japanese Firms Set Sights on Cambodia’s Green Technology & Carbon Credit Sectors
- 10 August 2024
A total of 19 Japanese companies have shown strong interest in investing in Cambodia’s green technology and carbon credit sectors, a promising development discussed during a high-level meeting between Prime Minister Samdech Hun Manet and Ms Mio Kawada, Vice President of the Japan External Trade Organization (JETRO), on 7 August 2024. Representing the interests of the 19 companies, Ms Mio Kawada...
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The Gov’t Explores Two Road Options to Connect Tonle Bassac Bridge to NR 1
- 9 August 2024
The Ministry of Public Works and Transport is evaluating two potential routes to connect the new US$60 million Bassac River Bridge, which links Chak Angre Krom to Prek Pra, with NR No. 1. During a project meeting on 7 August 2024, chaired by HE Suong Heng, Secretary of State, the team reviewed these alternatives: the first route spans 1.595 km, while the second covers 1.490 km. Both roads aim t...
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Cambodia Approves Over 1,600 Construction Projects in H1 2024 Amid Declining Investments
- 9 August 2024
In the first half of 2024, Cambodia's Ministry of Land Management, Urban Planning and Construction greenlit 1,642 construction projects, marking an 11% decrease from the same period last year. The approved projects span a total area of 6.14 million square metres, representing a 9.8% decline, with investment capital totalling US$2.53 billion, down 8.1%, according to a Socio-Economic Trend Report...
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Cambodia Approves 44 New Investments Worth US$396m in July
- 7 August 2024
In July 2024, the Council for the Development of Cambodia approved 44 new investment projects, including 41 new ventures and three production expansion projects, totalling US$396 million and creating 25,000 jobs. This significant investment approval highlights Cambodia's growing attractiveness to investors. Among the 44 projects, 31 are located outside the Special Economic Zones (SEZs) and 13 w...
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Four Cambodian Provinces in the Development Triangle Secures US$3.7bn in 105 Investment Projects
- 7 August 2024
Cambodia's four provinces within the Development Triangle (CLV) have attracted 105 investment projects worth US$3.7 billion, creating over 160,000 jobs. This announcement was made by Dr Ky Sereyvath, an economist from the Royal Academy of Cambodia, during a presentation on 2 August 2024. The Development Triangle, comprising the provinces of Kratie, Stung Treng, Mondulkiri, and Ratanakiri, has s...
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Gov’t Backs 24 Stalled Projects in SHV with $129m Investment
- 5 August 2024
The government is reinforcing support for 24 projects in Sihanoukville, involving a total investment of US$129 million, including both stagnant buildings and those currently under development. This was disclosed by the task force on their official Facebook page on 31 July 2024. From February to June 2024, the task force facilitated incentives for 61 projects, amounting to a combined investment ...
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